Uganda is facing increasingly irregular climate changes comprising of heavier and more erratic rainfall causing flooding, high temperatures causing severe and longer-lasting droughts.
Several actions have been undertaken by Government to combat the escalating climate changes including development of the National Climate Change Policy and its implementation strategy. Government commits 30% of national resources and 70% expected from internal sources to respond to climate change by 2030.
Combating climate change impacts comes at extraordinary costs because of the scale, urgency, and complexity of the climate crisis. The financing needed to respond to climate change by 2030 is approximately $3.9 billion or $258 million per annum.
Uganda has unlimited potential to attract, mobilise and leverage climate financing from both private and public sources (domestic and international). However, like many developing countries, Uganda faces key barriers in redirecting capital to climate action in the context of economic vulnerabilities and indebtedness.